Coal is the most important & abundant fossil fuel in India. It accounts for 55% of the Country Energy need. India alone accounts for 10% of the global coal resources at over 101 billion tons (thermal & coking) of proven reserves, placing her at the third position globally behind the USA and China. A Draft made by Ministry of Coal on PPP in form of Mining, Operation and Development agreement for exploring coal by private players in association with CIL for increase in Production and evolving new technologies though private sector in 12th Five year plan. Cement is essential for future infrastructural growth. The industry, which produces 358 million tonnes of cement annually, requires 50 million tons of coal as a raw material stock every year. 83% of the existing coal reserves in India belong to the Non-coking category (grades E, F, G) which is consumed mainly for Power, cement and fertiliser production. Steel imports have been stable or down throughout the first half of 2013 but aggressive forecasts would suggest that domestic demand is likely to pick up through 2014 and 2015. With many new projects finding it difficult to overcome land acquisition challenges, the concern is how supply will meet demand moving forward?
4TH COAL MARKET IN INDIA -2014 aim is to provide a common platform to network with National & International Miners, Traders, Buyers, shippers and End users of Coal sectors for an effective solution to the Industry, that will help us in sustainable growth of power sector and Allied Industries.